Assistant Vice President - Casualty Placement

Marsh; Hong Kong; On-site; HKD 700,000 - 1,100,000; Full time

Job summary

Marsh in Hong Kong is seeking a seasoned casualty placement professional to join our team. Based in Hong Kong, you will apply риск expertise to develop client-focused placement solutions and drive growth through strategic market engagement.

You will coordinate with underwriters, advise on market conditions, and support senior placement activities to ensure accurate binders and successful contract execution for key client accounts.

Qualifications

• Five years or more in insurance broking for P&C, casualty background preferred.
• Experience negotiating with underwriters for best terms.
• Strong knowledge of policies, contracts and facilities.

Responsibilities

• Develops placement solutions meeting client needs, using risk expertise.
• Implements placement strategy to drive growth and client service.
• Develops go-to-market strategy and supports pricing discussions.
• Coordinates submission of coverage specifications and obtains quotes from carriers.
• Binds coverage and ensures accuracy of placement binders.
• Maintains relationships with markets, clients, carriers and underwriters.
• Advises on market conditions and informs executives of major developments.
• Supports client retention and new business across accounts.
• Leads senior placement/technical support on assigned accounts, ensuring contract execution.

Skills

Casualty placement

Insurance broking

Underwriting

Client service

Negotiation

Job description

We are seeking a talented individual to join our Casualty Placement team. This role will be based in Hong Kong.

We will count on you to:

• Uses significant risk expertise and knowledge of industry and carriers to develop placement solutions that meet client needs.
• Implements the placement strategy to achieve growth goals and provide exceptional client service.
• Develops the go-to-market strategy and articulates the value of placement function and participates within pricing of services as applicable.
• Facilitates submission of coverage specifications and obtains quotes from carriers based upon the "assist, advise, and assume" transaction model.
• Binds coverage and is responsible for the accuracy of placement binders.
• Creates and maintains relationships with practice, insurance markets, clients carriers and/or underwriters to provide cohesive client service.
• Advises on changing insurance and risk management market conditions and informs client executives, client advisors, and/or clients of major developments affecting various types of products/coverage.
• Interfaces closely with client executives and client teams to support client retention and new business production.
• Drives senior placement/technical support activities on assigned accounts, such as ensuring procedural compliance, reviewing data and updating annual renewal exhibits, maintaining accurate placement system entries, to ensure contract execution as required.
• Advises on changing insurance and risk management market conditions, and inform Client Executives, and/or clients of major developments affecting various types of products/coverage.

What you need to have:

• At least 5 years' experience not limited to placement but general insurance broking for P&C, an underwriting background in casualty is highly preferable
• Experience of handing negotiation with underwriters for best terms and conditions to our clients around P&C placements
• Good understanding of policies, contracts and Facilities
• Knowledge of the brokerage industry in Hong Kong
• Excellent organizational skills to prioritize work and meet deadlines
• Good presentation skills
• Excellent interpersonal skills
• Proficient in Chinese, English and Mandarin.

Why join our team:

• We help you be your best through professional development opportunities, interesting work and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being

Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow us on LinkedIn and X.

Marsh is committed to creating a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.

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